Trump family-backed American Bitcoin’s costs dropped 23% in Q1 as mining industry pivots to AI
The Trump brothers’ bitcoin mining venture cut its cost per coin by nearly a quarter in three months, going against industry trends. American Bitcoin (ABTC) said in a Wednesday filing that its cost to mine one bitcoin fell to roughly $36,200 in the first quarter, a 23% drop from $46,900 in Q4 2025. That puts...
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